Canberra has Australia’s highest average advertised wages in the six figures as the city for civil servants, job site SEEK has revealed.
Employers in the Australian Capital Territory offered by far the highest salary among states and territories, with typical full-time packages of $100,643 between August 2021 and July 2022.
The ACT, home to the federal utility departments, was far ahead of mining-rich Western Australia at $89,426, New South Wales at $88,880 and the Northern Territory at $88,787.
Victoria was in the bottom half of states and territories, with an advertised median salary of $85,379 followed by Queensland ($82,025), South Australia ($80,410), and Tasmania ($80,187).
Canberra has Australia’s highest average salaries in the six figures as the city for civil servants, employment site SEEK has revealed. Employers in the Australian Capital Territory offered by far the highest salary among states and territories, with typical packages of $100,643 between August 2021 and July 2022 (pictured, a university protest in Acton)
Among employment sectors, information and communications technology had the highest average advertised salary of $130,121, putting it ahead of even mining at $126,783.
Consultants ranked third with jobs available with a median salary of $124,613, ahead of engineering at $118,496, construction at $110,407 and legal professionals at $107,104.
Government Jobs completed jobs averaging in the six figures, earning $101,014.
Across all industries, advertised wages rose 4.1 percent in the year to July as companies competed to attract workers in an environment of low unemployment.
This was better than the wage price index of 2.6 percent in the year to June, but still not enough to keep up with inflation, which was at 6.1 percent in the same period.
Information and communications technology had the highest average advertised salary of $130,121, putting it ahead of even mining at $126,783 (pictured iron ore miners in Western Australia)
This meant that those who changed jobs for better pay would likely have suffered a decrease in wages in real, inflation-adjusted terms, even if the amount were nominally higher.
Only two sectors had advertised jobs where pay rates had increased at a faster rate than inflation: design and architecture rose 7.3 percent, while information and communications technology rose 6.2. percent.
The commerce and services sector, which includes electricians, had an increase of 6.3 percent.
Mining, resources and energy increased 5.7 percent.
With unemployment in July falling to a 48-year low of 3.4 percent, SEEK senior economist Matt Cowgill said employers needed to offer generous wages to attract talent.
“Unlike previous job market booms, like the mining boom, this is not a situation where some parts of the country are moving much faster than the rest,” he said.
Across all industries, advertised wages rose 4.1 percent in the year to July. This was better than the 2.6 percent wage price index in the year to June, but well below the 6.1 percent inflation rate covering the same period.
‘The labor market has been almost uniformly strong.
‘The rebound in wage growth announced has been across the board.
“Most job types are seeing announced annual wage growth of greater than three percent.”
However, Australian Bureau of Statistics measures of wage growth have been stuck below three per cent since 2013 and both the Treasury and the Reserve Bank expect inflation in 2022 to hit a 32-year high of 7 .75 percent.
A series of interest rate hikes since May have been designed to curb spending and thus curb inflation, but Australians are still spending, with July retail trade figures showing a 1.3 percent rise. , the highest in four months.
However, retail workers had the lowest median full-time salary of $58,438 on the SEEK website, behind hospitality and tourism at $62,371 and call center staff at $63,013.
Average advertised pay league table by state and territory
AUSTRALIAN CAPITAL TERRITORY: Up 1.8 percent to $100,643
WESTERN AUSTRALIA: Up 4.9 percent to $89,426
NEW SOUTH WALES: Up 3.8 percent to $88,880
NORTHERN TERRITORY: Up 5 percent to $88,787
VICTORY: Up 3.9 percent to $85,379
QUEENSLAND: Up 4.7 percent to $82,025
SOUTH AUSTRALIA: Up 1.9 percent to $80,410
TASMANIA: Up 4.8 percent to $80,187